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Pursuits
Sports

Saudi Wealth Fund Claims Immunity in PGA-LIV Golf US Court Fight

  • Fund asks California judge to quash PGA demand for testimony
  • PGA refuses PIF’s offer to hand over documents, fund claims

Saudi Arabia’s $676 billion sovereign wealth fund argued it has sovereign immunity and can’t be forced to provide evidence in a US legal fight between PGA Tour Inc. and LIV Golf, a newly launched rival backed by the oil-rich kingdom. 

Public Investment Fund and its Governor Yasir Al-Rumayyan on Tuesday asked a federal judge in California to quash a request by the PGA Tour to compel their testimony and produce documents for a lawsuit accusing LIV of unfair competition for offering players lucrative deals to break their PGA contracts.